Tuesday 16 February 2016

BHEL trades flat; commissions a gas-based combined cycle power plant in Tripura

The company commissioned a 101-MW gas-based combined cycle power plant on engineering, procurement, and construction (EPC) basis in Tripura.


Bharat Heavy Electricals is currently trading at Rs. 108.35, up by Rs. 0.4 or 0.37% from its previous closing of Rs. 107.95 on the BSE. The company commissioned a 101-MW gas-based combined cycle power plant on engineering, procurement, and construction (EPC) basis in Tripura.

The scrip opened at Rs. 109.95 and has touched a high and low of Rs. 110.5 and Rs. 106.75 respectively. So far 1280296(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 26421.84 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 289.85 on 21-Jul-2015 and a 52 week low of Rs. 102.15 on 15-Feb-2016. Last one week high and low of the scrip stood at Rs. 133.5 and Rs. 102.15 respectively.

The promoters holding in the company stood at 63.06 % while Institutions and Non-Institutions held 33.08 % and 3.86 % respectively.

The stock is currently trading above its 200 DMA.

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